Conclusions of UNSD/ECA National accounts workshop 14-18 November 2005 Addis Ababa

1. Conclusions of UNSD/ECA National accounts workshop 14-18 November 2005Addis Ababa 1

2. Conclusions 1 The participants reacted positively to the request by the international agencies in collaboration with the UNECA to prepare country responses on the recommendations made by the AEG in the global consultation.

3. Conclusions 2The UNECA will follow-up with the countries to participate in the update process and encourage their responses by 30 November 2005.

4. Conclusions 3In general, participants agreed with the proposed changes, although it was recognized that some would have relatively low priority because it is most of the time beyond the scope of their national accounts and resources to expand the scope are unavailable

5. Conclusions 4For the informal sector the participants supported the idea of an international standard definition (while maintaining the ICLS recommendation for national adaptation). This would require a clarification (i.e. all formal household enterprises should be treated as quasi-corporations) and a change in the definition of market producers of informal household enterprises (i.e. “most or all” to be replaced by “some or all”).

6. Conclusions 5 UNECA was requested to organize another workshop on the 1993 SNA and its update to extend the coverage of African countries. The participants agreed that central banks should be encouraged to participate in these workshops.

7. Conclusions 6 The format of this regional training workshop should be maintained by integrating the progress and feedback on the update of the 1993 SNA with discussions of country practices in the implementation of the 1993 SNA. Central banks and other relevant agencies should be encouraged to attend the workshops.

8. Conclusions 7 The participants recognized that further progress in extending the scope of accounts and conceptual compliance with the 1993 SNA is needed.

9. Conclusions 8 The achievements made by some countries indicated that progress was feasible when given adequate backing and technical assistance.

10. Conclusions 9 Furthering the CODI IV recommendation on the implementation of the 1993 SNA, participating countries accepted the commitment to reach at least milestone 2 and conceptual compliance by the end of 2008. UNECA in collaboration with UNSD was requested to monitor the progress of implementation.

11. Conclusions 10Given the increasing social and political importance of non-profit institutions in the economies of many countries, national statistical offices were encouraged to implement the NPI satellite account as outlined in the Handbook to enhance the statistical visibility of these institutions.

12. Conclusions 11International agencies are encouraged to organize regional training workshops for African countries on specialized topics like quarterly national accounts, price and volume indexes, and integrated survey design for economic statistics to apply the latest techniques and share country practices.

13. Conclusions 12The need for additional handbooks on practical compilation guidance on specific aspects of the SNA was identified to supplement existing handbooks like the IMF Handbook on Quarterly National Accounts and OECD Handbook on Measuring Capital.

14. Conclusions 13This request supports the preparation of UNSD Handbooks on: Financial Services Production Indexes Integrated Economic Statistics.

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